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elleng

(141,926 posts)
1. I SOOOO agree,
Fri Mar 6, 2015, 08:56 PM
Mar 2015

but hearing some analysis, it appears they're such chicken sh*ts they're afraid GOOD JOBS reports mean interest rate increases, about which they go NUTS!!! (and some of us lose on our not fancy or large investments.)

'report prompted a new round of optimism about the economy’s comeback from the recession along with fresh talk on Wall Street that the Federal Reserve might raise interest rates at its June meeting rather than wait until September.

The news led to a sharp rise on Friday in the yield on 10-year bonds and a substantial drop in the stock market, where investors feared that higher interest rates would make equities less attractive and chip away at corporate profits.'

http://www.nytimes.com/2015/03/07/business/economy/jobs-report-unemployment-february.html?ref=business

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